About Ubi Services Limited
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Ubi Services Limited is a public limited union government company based in Thane, Maharashtra, India, a subsidiary of Union Bank Of India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 19 November 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH1999GOI122710. Its GSTIN is 27AABCC2630G3Z1 (Maharashtra). The company holds 8 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹125 Cr and a paid-up capital of ₹56.25 Cr. It was formerly known as Corpbank Securities Limited and Unioncorp Financial Services Limited. It is led by directors including Sanjay Rajoria (Managing Director) and Ramasubramanian Sankaranarayanan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 504 – 506 5th Floor Centrum IT Park Plot No C – 3 Panchapakdi, Thane, Maharashtra, India – 400604.
As per the financials filed for FY 2025, the company reported a revenue of ₹185.36 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹11.1 Cr (net margin 6%) and EBITDA of ₹11.86 Cr (EBITDA margin 6.4%). Revenue has grown at a compounded annual rate (CAGR) of 70% over three years and 84% over five years.
The company has about 414 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: UBI Services Limited. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2020.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ubisl.co.in.
Company details
Name history
Ubi Services has undergone 3 name changes throughout its history. The company was previously known as Corpbank Securities Limited, Unioncorp Financial Services Limited, and Unioncorp Finserv Limited. The current legal name is Ubi Services Limited.
| Company Name | Status |
|---|---|
| Ubi Services Limited | Current |
| Corpbank Securities Limited | Previous |
| Unioncorp Financial Services Limited | Previous |
| Unioncorp Finserv Limited | Previous |
CIN history
Ubi Services has one previous CIN (Corporate Identification Number): U67190MH1999PTC122710. The current CIN is U67190MH1999GOI122710, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67190MH1999GOI122710 | Current |
| U67190MH1999PTC122710 | Previous |
Contact details
Ubi Services Limited's registered office is in Thane, Maharashtra. Its website is ubisl.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address504 – 506 5th Floor Centrum IT Park Plot No C – 3 Panchapakdi, Thane, Maharashtra, India – 400604
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Ubi Services Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Ubi Services operates one associated brand: UBI Services Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Distribution of retail loans including home, vehicle, education, and MSME loans in India. | ubisl.co.in |
Business activity
The main business activity of Ubi Services is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Ubi Services Limited, buy the company report.
Financials of Ubi Services Limited
FY 2025 filings availableUbi Services Limited reported revenue of ₹185.36 Cr (down 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 84%. EBITDA rose 144% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹11.86 Cr | ||||
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| Net Profit (PAT) | ₹11.1 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.4% | ||||
| Net Profit Margin | 6% | ||||
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To see the full financial statements and ratios of Ubi Services Limited, buy the company report.
Board of directors of Ubi Services Limited
Ubi Services has 6 current directors and 71 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramasubramanian Sankaranarayanan | Director | 02 May 2024 | 2 Years 5 Months | Current |
| Ram Krishna Sinha Also directs: Bank of India Trustee Services Private Limited | Director | 28 Jul 2023 | 3 Years 2 Months | Current |
| Ramesh Lakshman Adige Also directs: Lic Housing Finance Ltd | Director | 28 Jul 2023 | 3 Years 2 Months | Current |
| Sanjay Rajoria | Managing Director | 06 May 2023 | 3 Years 5 Months | Current |
| Prakash Baliarsingh | Director | 24 Dec 2024 | 1 Years 9 Months | Current |
| Sarvesh Ranjan | Director | 25 Aug 2025 | 1 Years 1 Months | Current |
Auditor
Ubi Services Limited is audited by A.P. RAJAGOPALAN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A.P. RAJAGOPALAN & CO | FY 2023 | 108321W |
Shareholding
The shareholding of Ubi Services Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ubi Services Limited, buy the company report.
Deals & funding
Ubi Services Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2020.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Seller: Union Bank Of India |
| Sep 2008 | Secondary share transfer | Undisclosed | Seller: Union Bank Of India |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Ubi Services Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ubi Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ubi Services Limited has a workforce of 414 employees on its EPFO records as of Oct 22, 2024, across 1 active EPFO establishment.
GST
Ubi Services has 8 GST registrations: 6 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCC2630G3Z1 | Maharashtra | Active | 01 Jul 2017 |
| 33AABCC2630G1ZA | Tamil Nadu | Active | 01 Aug 2024 |
| 09AABCC2630G1Z1 | Uttar Pradesh | Active | 06 Aug 2024 |
| 24AABCC2630G1Z9 | Gujarat | Active | 20 Aug 2024 |
To see the full GST registrations and return filing status of Ubi Services Limited, buy the company report.
Recent activity
Ubi Services Limited has 73 board changes on record since 2007: 7 appointments and 66 cessations. The latest: Prakash Baliarsingh ceased to be Additional Director on 29 Sep 2025.
64 earlier events are in the company report.
Frequently asked questions
Ubi Services is an active public limited union government company based in Thane, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 19 November 1999 (27+ years old) and is registered under CIN U67190MH1999GOI122710.
Ubi Services has 6 current directors:
- Sanjay Rajoria - Managing Director
- Ramasubramanian Sankaranarayanan - Director
- Ram Krishna Sinha - Director
- Ramesh Lakshman Adige - Director
- Prakash Baliarsingh - Director
- Sarvesh Ranjan - Director
The latest financial statements of Ubi Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ubi Services is 27AABCC2630G3Z1, registered in Maharashtra. The company has 8 GST registrations in all, of which 6 are active and 2 are cancelled or inactive. Other active GSTINs include 33AABCC2630G1ZA (Tamil Nadu), 09AABCC2630G1Z1 (Uttar Pradesh), 24AABCC2630G1Z9 (Gujarat).
The CIN (Corporate Identification Number) of Ubi Services is U67190MH1999GOI122710. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ubi Services was incorporated on 19 November 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Ubi Services has 2 deals on record (2 secondary share transfers); the latest was in March 2020.
Prakash Baliarsingh ceased to be Additional Director on 29 Sep 2025. Sarvesh Ranjan ceased to be Additional Director on 29 Sep 2025. Sarvesh Ranjan was appointed as Director on 25 Aug 2025. Ubi Services has 73 board changes on record in total.
Ubi Services can be reached through the website ubisl.co.in. Its registered office is in Thane, Maharashtra, India.
The registered office of Ubi Services is at 504 – 506 5th Floor Centrum IT Park Plot No C – 3 Panchapakdi, Thane, Maharashtra, India – 400604.